1903-S Morgan Silver Dollar. MS-65 (PCGS). A satiny and uncommonly smooth Gem to represent this scarce, conditionally challenging issue. Sharply struck, as well, and eagerly awaiting inclusion in an advanced Morgan dollar set.<p>Simply put, the 1903-S is one of the rarest Morgan silver dollars in Mint State. A mintage of 1,241,000 coins is partly to blame for this, but the real culprit is its distribution, or rather lack thereof. With well worn survivors in grades such as Good and VG relatively obtainable, it seems likely that a fair number of 1903-S dollars entered circulation shortly after striking. Later releases of Mint State coins were few and far between, which suggests that much of the mintage succumbed to melting pursuant to the 1918 Pittman Act. This lovely Gem ranks among the finer certified examples. Here is a significant bidding opportunity for quality conscious Morgan dollar collectors. PCGS# 7288. NGC ID: 256T. From our Baltimore Auction of November 2016, lot 4519.
